Innovation. Digital. Consumers. China is looking toward a digital future by encouraging innovation-led development. With national initiatives, such as Digital China, Internet Plus and Made in China 2025, we are witnessing a transformation in the nation and Chinese companies.
Internet of things technologies are transforming the everyday lives of people in Wuxi, Jiangsu province, thanks to the city's efforts to position itself at the center of the latest tech revolution.
Investment in research and development reached 104.9 billion yuan in 2016, up 10 percent from a year earlier. However, companies in Shanghai only contributed 64.5 percent to the total R&D amount, which was significantly below the national average of 78 percent.
Instead of using foreign exchange reserves to maintain a stable currency, the authorities could manage market expectations of the renminbi's value using various tools, although renminbi depreciation pressure may increase if monetary policy is further eased, it said.
Investigation is underway.
Installation of support facilities for 5G technology in major stadiums for China's 14th National Games will be completed in March and enter service in May, a senior official with the competition's organizing committee said on Wednesday.
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Iota was the first ever Category 5 hurricane to hit Colombia as well as other Caribbean countries, on Nov 17. Providencia was totally blacked out and for most of the day out of contact with the outside world.
Instead, major policy undertakings next year to stabilize consumption may be subsidizing middle-to-low income households and restoring hog production, Zhu suggested.
Inspection teams, each led by a ministerial-level official, will visit 10 provincial regions over the coming months to ensure smooth progress in the campaign.
Inspectors check the quality of heating devices in Huaibei, Anhui province, in December. LI XIN/FOR CHINA DAILY